David N. Voth - Oakton VA, US Peter A. Simon - Washington DC, US Richard N. Plotnick - McLean VA, US Scott Youngman - Fairfax VA, US Patricia D. Fulcher - Clinton MD, US Neiman Alvarez - Washington DC, US Andrew Huffman - Vienna VA, US Anne Harrell - Arlington VA, US George Saad - Potomac Falls VA, US Michael J. Kane - Arlington VA, US
Assignee:
Fannie Mae - Washington DC
International Classification:
G06Q 40/00
US Classification:
705 40, 705 35, 705 37, 705 38, 705 36, 705 39
Abstract:
Systems and methods for optimizing servicing fees for a set of loans are disclosed. A system for optimizing servicing fees for a set of loans may include a processing unit and a storage device coupled to the processing unit having stored therein information for configuring the processing unit to obtain a minimum servicing fee and a maximum servicing fee, identify net benefits of increasing servicing fees for the loans in the set of loans, and iteratively adjust the servicing fee until the optimal servicing fee is attained.
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Anne Harrell
About:
MPH student, passionate about loving life, new experiences, and staying positive.